Financials
NDTV records best-ever Q1 with a profit of Rs 13.9 cr
Mumbai: The NDTV Group has reported over two-fold increase in consolidated net profit to Rs 16.56 crore for the first quarter ended 30 June, marking its best first quarter result in over a decade.
Its TV news channel- NDTV Ltd raked in a profit of Rs 13.9 crores in Q1, along with NDTV Convergence, the digital arm of the Group, which has delivered an increase of 41 percent in revenue over the same time last year.
According to the regulatory filing, the company had posted a consolidated net profit of Rs 7.55 crore in the corresponding period of last fiscal. Its consolidated revenue from operations during April-June 2021 stood at Rs 85.02 crore as against Rs 72.73 crore in the year-ago period. Total expenses stood at Rs 77.92 crore, compared with Rs 64.64 crore a year ago, the company said. The Group’s total liabilities have been reduced by Rs 23 crores in this quarter; bank borrowings are down by Rs 8.7 crores.
“NDTV, with the support of each employee, has worked to mitigate any uncertainty caused by the impact of the pandemic on the economy and all businesses. It thanks its team for their superlative reporting and commitment to providing news as an essential service at this difficult time. Given the economic landscape, the Management will control expenses and focus all efforts on ensuring the Company’s financial position strengthens further,” it said in the filing.
The company also said that its board has appointed Grant Thornton Bharat LLP (formerly Grant Thornton India LLP) as its internal auditors for one year, with effect from 11 August.
Brands
Page Industries posts steady Q3 growth, declares Rs 125 interim dividend
MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.








